Tron (TRX) will set towards adoption in the United States if feelers from the leadership of Justin Sun and the Tronix community is anything to go by. In latest cryptocurrency news today, we note that Sun is pursuing the listing of Tron (TRX) in America-based cryptocurrency exchanges shortly after the network successfully launched an important blockchain scaling solution.
Tron’s Justin Sun Says prime Priority is Listing TRX on a Major US Exchange
Founder of Tron (TRX) and enigmatic cryptocurrency influencer Justin Sun has revealed that his company’s number one priority is listing the coin on a major cryptocurrency exchange in the United States. His said this in response to claims that digital asset investors interested in Tron (TRX) were unable to trade the coin on Bianance, the biggest global crypto exchange.
Sun tweeted:
“Sorry for the delay. We should have more US-based exchanges for sure. Let me work on that. We promise within 2019 the community will see huge progress on that.”
TronSpark had originally raised an alarm when Binance omitted Tron (TRX) from its list of cryptocurrencies being considered for its United States marketplace. He said that “[it] is the Tron community’s #1 priority right now” to get on the Binance US platform or other popular exchanges like Coinbase.
Later, Sun affirmed in a message to the Tron community: “Yes. It is our #1 priority now. We will have a full team including me dedicated to this matter. We will get all these things done with #TRON speed! #TRX $TRX.”
While the Tron community hopes for more listings in the United States the fans can celebrate an important blockchain scaling solution.
Tron Launches Sidechain Scaling Solution Sun Network
In a recent blog post, Tron officially announced the launch of the first version code much-anticipated Sun Network. Sun Network is TRON’s side chain solution which is expected to greatly improve the scalability of the Tron Network. The solution is reportedly capable of 100x improvement and leads to unlimited scaling capacity.
Tron Foundation explained:
“The overall solution of the Sun Network will provide unlimited scalability to the Tron MainNet, allowing for more possibilities to the development of Tron DApps and the entire ecosystem. The solution also strives to bring positive impacts to the whole blockchain industry while flourishing the Tron network.”
The foundation also hinted at the launch of DAppChain Mainnet, a side chain scaling project that enables DApps to run with lower energy consumption, higher security and efficiency on TRON, and other scaling solutions in the works.
Tron Price Analysis – TRX Price Today
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At the time of writing, Tron (TRX) is trading at $0.02 down by just about 1.3% in the last 24 hours. The token which reached a yearly high of about $0.04 during the earlier bitcoin bull run has seen it’s market cap drop to $1.353 billion effective putting it away from the top 10 cryptocurrencies according to data from CoinMarketCap.
Analysts are still hopeful of a Tron resurgence especially as the network leads Ethereum and EOS as the choice destination for decentralized Apps (DApps) developers. Tron Foundation (and, of course, Justin Sun) will hope that the latest scaling solutions will further widen this gap and positively impact the valuation of the cryptocurrency.
Riccardo Lopp is a writer specializing in Crypto, ethereum and whole blockchain ecosystem. His background is in economics and statistics.
